I wouldn't expect 'daily' updates... he just got it, is grabbing some required files needed for testing and then will begin exploring what can be done with it.
Based on talking to CJPC and bearing any 'breaking news' discovered with it, I would say to expect updates on a weekly/bi-weekly etc basis depending on their progress made and of course CJ's freetime.
Like most others here, he starts up classes again and has to make time for "real life" stuff too.. so he/the Devs aren't hacking away at it 24/7 lol!
In my opinion the hardest part is done- we now have a PS3 TOOL at the Devs disposal and it's not going anywhere, so basically just let them do what they do best with no pressure. Rest assured, when there is news/progress... they will share it!
Yea, that isn't an issue... the updates are usually internal leaks from multiple sources versus updating the TOOL directly from Sony.